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Indian home healthcare platform Portea Medical raises $26M Series C

Indian home healthcare platform Portea Medical raises $26M Series C
From TechCrunch - November 22, 2017

Portea Medical, one of Indias biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre Partners and MEMG CDC, with participation from returning investors Accel (which led Porteas Series B two years ago), the World Bank Groups International Finance Corporation and Qualcomm Ventures.

Portea has now raised a total of about $72.5 million. In a press statement, Sabre Partners founder and managing partner Rajiv Maliwal said Portea Medical has played a key role in establishing the concept of consumer-led healthcare and we look forward to working with them as they continue to transform healthcare services in India beyond the hospital space.

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